SCHEDULES

SCHEDULE 8 U.K.Long funding leases of plant or machinery

Part 1 U.K.Capital allowances

Expenditure on plant or machinery for long funding leasing not to be qualifying expenditure U.K.

3 U.K.After section 34 insert—

“34A Expenditure on plant or machinery for long funding leasing not qualifying expenditure

Expenditure is not qualifying expenditure if it is incurred on the provision of plant or machinery for leasing under a long funding lease (see Chapter 6A).”.